DETAILS OF OPTION. The details of your Option are as follows: Date of Grant: November 6, 2018 Vesting Commencement Date: See Vesting Schedule below. Number of Shares Subject to Option: 90,939 Exercise Price (Per Share): $9.50 Expiration Date: November 6, 2028 Type of Grant: Non-Qualified Stock Option (inducement grant) Exercise Schedule: Same as Vesting Schedule. Vesting Schedule: Subject to the terms and conditions of this Award and the Plan, 1/4th of the stock options shall vest on November 6, 2019 (the “Initial Vesting Date”). The remaining 3/4ths of the stock options shall vest ratably on a monthly basis over the three years following the Initial Vesting Date, such that the award shall be fully vested on the four year anniversary of the Date of Grant. The resulting aggregate number of vested stock options shall be rounded to the nearest whole number on each vesting date.
DETAILS OF OPTION. The details of your Option are as follows: Date of Grant: Vesting Commencement Date: Number of Shares Subject to Option: Exercise Price (Per Share): Aggregate Exercise Price: Expiration Date: Type of Grant: ¨ Incentive Stock Option* ¨ Nonstatutory Stock Option Exercise Schedule: ¨ Same as Vesting Schedule ¨ Early Exercise Permitted Vesting Schedule: [TO BE INSERTED] * If this is an Incentive Stock Option, it (plus any other outstanding Incentive Stock Options held by the Participant) cannot be first exercisable for more than $100,000 in value (measured by exercise price) in any calendar year. Any excess over $100,000 shall be deemed a Nonstatutory Stock Option. Please refer to the Plan for additional details.
DETAILS OF OPTION. The details of your Option are as follows: Date of Grant: November 6, 2018 Vesting Commencement Date: See Vesting Schedule below. Number of Shares Subject to Option: Up to 800,000 Exercise Price (Per Share): $9.50 Expiration Date: November 6, 2028 Type of Grant: Non-Qualified Performance Stock Option (inducement grant) Exercise Schedule: Same as Vesting Schedule. Vesting Schedule: Subject to the terms and conditions of this Award and the Plan, the Option shall vest only upon the satisfaction of both (1) a time vesting requirement and (2) a performance vesting requirement.
DETAILS OF OPTION. The details of your Option are as follows: Date of Grant: June 15, 2009 Number of Shares Subject to Option: 800,000 shares of Common Stock Exercise Price (Per Share): $5.38 Aggregate Exercise Price: $4,304,000.00 Expiration Date: The earlier of (1) the 10th anniversary of the Date of Grant indicated above and (2) except as set forth in Section 4(g)(ii) of the Employment Agreement (as defined in Section 5(d)) or in Section 6 below, the 90th day following the date of termination of your employment with the Company or its Affiliates for any reason.
DETAILS OF OPTION. The details of the Option are as follows: Date of Grant: Vesting Commencement Date: Number of Shares Subject to Option: Exercise Price (Per Share): Aggregate Exercise Price: Expiration Date: Type of Grant: ☐ Nonstatutory Stock Option ☐ Incentive Stock Option Exercise Schedule: Same as Vesting Schedule Vesting Schedule
DETAILS OF OPTION. The details of your Option are as follows: Date of Grant: _________________________ Vesting Commencement Date: _________________________ Number of Shares Subject to Option: _________________________ Per Share Exercise Price: _________________________ Aggregate Exercise Price: _________________________ Expiration Date: _________________________ Type of Grant: |_| Incentive Stock Option(1) |_| Nonstatutory Stock Option Exercise Schedule: |_| Same as Vesting Schedule |_| Early Exercise Permitted Vesting Schedule: The Option will vest such that one-third of the shares of Common Stock subject to the Option shall be vested on the first anniversary of the Vesting Commencement Date, and the remaining two-thirds of the shares of Common Stock subject to the option shall vest in equal monthly installments over the two (2) year period commencing with the first anniversary of the Vesting Commencement Date.
